[FROM THE PAPER] Preston Set to Invest £50 Million into the City

By Haydn Jeavons - Reporter

Preston looks to be set for a new multiplex cinema, restaurants and a multi-storey car park, as part of a £50m development scheme.  Artist’s impressions have been released, showing the proposed regeneration of Preston’s Markets Quarter. The Indoor Market and Market Hall car park will be demolished to make way for the new construction, as will part of Lancastria House. The cinema will be operated by The Light with a “large-format experience screen”, while the renovation will be handled by Muse Developments and the Frank Whittle Partnership.

Mike Horner, Regional Director for Muse Developments, said:

“We are working extremely hard to deliver a high quality scheme which is long overdue for Preston City Centre. “The Markets Quarter redevelopment is a once in a generation opportunity to transform the perception of Preston City Centre and establish it as the premier family-focused leisure destination.”

Lorraine Norris, Chief Executive of Preston City Council, said:

“The Markets Quarter is a flagship development for Preston. It’s about breathing new life into the market and securing the wider regeneration of Preston City Centre. It’s also about Preston raising its game and fulfilling its role as the economic and cultural centre of Lancashire.”

John Bridge, Frank Whittle Partnership, said:

“As a company based in the city we are delighted to be working on the Markets Quarter development, along with Greig and Stephenson Architects. We’re really looking to change the face of Market Quarter and to build a lasting legacy for the future, by both respecting our city’s heritage and moving with the times.

“It’s an ambitious project and rightly so, as the development is the key to unlocking wider development in Preston City Centre. In our sensitive vision for the new Market Hall, we believe we’ve created an exciting new space for traders and customers. And we’re working with those traders to retain and enhance the city’s vibrant market offer. We’re very keen to listen to what people think.”

The developers will be showcasing the proposed design at two public consultation events to be held at the St George’s Shopping Centre on Saturday 9th and Monday 11th of April.
A planning application for the project has not yet been submitted, but representatives from Preston City Council will be at the events at St. George’s.

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